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Listed by Stefan Rosu • Keller Williams Capital Properties
$ 2,000,000
Est. payment | /mo
5,718 Sqft Lot
$ 2,000,000
Est. payment | /mo
5,718 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2239294
Year Built 2021
Annual Tax Amount $14,391
Tax Year 2025
Lot Size 5,718 Sqft
Acres 0.13
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Newly constructed (2021) and fully occupied 8 unit building in Randle Heights. Excellent stabilized investment opportunity with gross rents of $18,540/month. The pro forma cap rate is 8.0%! Desirable unit mix of seven large 3 bedroom / 2 bathroom units and one 4 bedroom / 2 bathroom. The building is located less than a half mile from Safeway and the new Skyland Town Center development. Exempt from rent control!
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Multi-tank
Heating Forced Air
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5729/W/0008
Ownership Fee Simple
Special Listing Condition Standard
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